On May 21, S&P awarded Coca-Cola Consolidated IncCoke.us (“Coca-Cola Bottling” for short) the “BBB+” issuance rating for advanced unsecured notes to be issued (final size and expiration date to be determined). The company plans to use net proceeds to fund the tender acquisition to purchase up to $2 billion of issued common shares and fund the separate repurchase of common shares held by The Coca-Cola Company (“Coca-Cola” KO.US) through a wholly-owned subsidiary, so that Coca Cola's shareholding ratio in Coca Cola bottling common stock will reach 21.5% after these share repurchases are completed (provided certain conditions are met).
标普：授予可口可乐装瓶(COKE.US)拟发行高级无抵押票据“BBB+”发行评级
S&P: Grants Coca-Cola Bottling (COKE.US) to issue a “BBB+” issuance rating for the proposed issuance of premium unsecured notes
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